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Industry survey shows switch to low-sulphur fuel has not been without problems
The maritime industry’s transition to the sulphur regulation from the International Maritime Organization (IMO) which came into force on 1 January 2020 has not been without problems. Since fuel oil properties are fluctuating, it is expected that quality and safety problems will continue to be a chal... Please follow the link to continue reading.
Updates to BIMCO and IBIA’s bunkering guide
One of BIMCO & IBIA’s most popular pamphlets has been updated and can be downloaded free of charge.
BIMCO adopts ship financing term sheet
In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016.
IBIA and BIMCO launch survey to identify need for bunker licencing
The International Bunker Industry Association (IBIA), with support from BIMCO, is launching an extensive online survey to identify to which extent the maritime industry believes there is a need for wider adoption of bunker licensing schemes and mass flow metering (MFM) to improve market conditions.
Submission - Proposal to regulate power of existing ships as a proxy for emissions, both of which having a relationship to speed
BIMCO and INTERTANKO publish Q&As for scrubber-fitted ships
BIMCO and INTERTANKO have jointly published Q&As addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The Q&As highlight the key charter party clauses and concepts which should be reviewed for both time and voyage charter part... Please follow the link to continue reading.
September issue of BIMCO’s digital Bulletin now online
The latest BIMCO digital Bulletin is now ready for you to read and enjoy – either online or offline using our tablet app.
Cross industry group sets new standard with revised bunker contract
BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 improve on the previous edition with a maximum limit of the parties’ liabilities – a key change that will lead to wider adoption of the co... Please follow the link to continue reading.
Shipping industry calls for release of Galaxy Leader crew still held captive
The maritime industry has joined together to express concern for the seafarers who have been held hostage, and call on the Houthis to release the crew of the Galaxy Leader.
